Opportunity Zone Investment Land Package

Vacant Land for Sale
Catylist Listing ID: 30366121
Property Subtypes: Residential (Single Family)
Gross Land Area: 22,175 SF
Sale Price: $300,000
Unit Price: $13.53 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/3/2019

Overview / Comments

Building lots located in OPPORTUNITY ZONE of Lincoln Park. 5 lots in total.

Lincoln Park is located next to Erlanger hospital complex, UTC, and Downtown Chattanooga. Recently designated as an Opportunity Zone offering investors tax incentives for investment in the area.

Additional investment package available. Contact Lisa Brown for more information.

Opportunity Zones are designed to spur economic development by providing tax benefits to investors. http://www.sedev.org/opportunity-zones/

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 033146A K 01000
Zoning: R1
Property Located Between: Pierce Street and Maude Street
Highway Access: US-27 Amnicola Highway
Airports: Chattanooga Metropolitan Airport
Site Description: Lincoln Park is located near Erlanger hospital and The University of Tennessee Chattanooga. Rapidly changing area with erlanger expansion of new Children's Hospital and planned Cancer Center. UTC expansion over Central Ave with new intramural fields and field house.
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,550 65,906 139,451
Median Age: 30.02 34.32 36.99
Households: 3,288 26,792 58,395


Photograph of Listing Agent

Lisa A Brown

Keller Williams Realty Greater Chattanooga REALTORS® Member
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